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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-6

  • question_answer
    A shopkeeper sold some articles at the rate of Rs. 35 per article and earned a profit of 40%. At what price each article should have been sold so that 60% profit was earned?

    A)  Rs.45

    B)  Rs.42

    C)  Rs. 39

    D)  Rs. 40

    E)  None of these

    Correct Answer: D

    Solution :

     CP of each article \[=\frac{100}{100+\Pr ofit%}\times S.P.\]             \[=\frac{100}{140}\times 35=25\]             \[\therefore \] SP for a profit of 60% \[=160%\,\,\,\,of\,\,25\] \[=\frac{25\times 160}{100}=Rs.40\]


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